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Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran

  • 7th August 2026

Manufacturers’ confidence rebounded in Q2 despite operating challenges

  • 7th August 2026

Firms expect borrowing costs to ease in coming

  • 7th August 2026

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

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Canada visa wait-time rises for Nigerian applicants — IRCC

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Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran war

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FG to open first 47km of Lagos-Calabar coastal highway December

The Federal Government says the first 47-kilometre stretch of the Lagos–Calabar coastal highway will open to traffic in December 2025. Works Minister David Umahi announced this on Sunday during an inspection tour, noting that the section is expected to be ready between December 12 and 17. He added that the government and the contractor remain […]

News

NDLEA arrests nine kingpins, seizes drugs in nationwide raid

The National Drug Law Enforcement Agency has dismantled no fewer than six syndicates, leading to the seizure of tons of assorted illicit drugs and the arrest of nine kingpins in a series of intelligence-led interdiction operations. A statement by the NDLEA Director, Media and Advocacy, Mr Femi Babafemi, on Sunday in Abuja said that NDLEA […]

Tesla’s profits crash as sales slump, trade tensions loom
Tech

Tesla confirms AI5 chip almost ready, AI6 underway

Tesla says it is nearing completion of its next-generation AI chip, AI5, and has already begun work on its successor, AI6, as CEO Elon Musk reiterated the goal of rolling out a new chip design into mass production every year. The company confirmed that Samsung and TSMC will both fabricate the chips, a dual-sourcing strategy […]

EU to criminalize AI-generated porn images, deepfakes
Energy

EU, S’Africa secure €15.5bn for African renewable energy

A year-long international campaign to fast-track renewable energy investment across Africa has closed with commitments totalling €15.5bn, driven predominantly by the European Union. The initiative, jointly led by the President of the European Commission, Ursula von der Leyen, and the South African President, Cyril Ramaphosa, seeks to expand clean-energy generation, improve electricity access for millions […]

FG opens applications for Innovation Challenge
Investment

EU supports Nigeria’s 3MTT scheme with new €45m funding

The European Union and its partners have announced new steps to accelerate Nigeria’s digital transformation as stakeholders convened in Kano for the fifth Project Steering Committee meeting of the Digital Transformation Centre Nigeria and the launch of the Women Venture Studio Innovation Hub, according to a statement released by the EU on Sunday. Through this […]

Opinion

Atiku demands suspension of new TSA agent, Xpress Payments

Former Vice President Atiku Abubakar has urged the Federal Government to immediately suspend the engagement of Xpress Payments Solutions Limited as the new Treasury Single Account collecting agent until the process leading to the firm’s appointment is subjected to public scrutiny. In a statement shared on his verified X handle, #atiku, on Sunday, Atiku described […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta accused of hiding study showing social media harms — Report

Newly unsealed court filings allege that Meta concealed evidence indicating that Facebook and Instagram can harm users’ mental health. The claims stem from a United States class-action lawsuit filed by school districts and are based on internal research known as Project Mercury. Internal documents reveal that in a 2020 study conducted with Nick Clegg, users […]

Scientists launch Arabic-powered AI
Business

UAE eyes strategic expansion in Africa with $1bn AI investment

The United Arab Emirates has unveiled plans to invest $1 billion in artificial intelligence infrastructure and services across Africa, aiming to accelerate digital transformation and enhance its strategic presence on the continent. This was disclosed by UAE’s Minister of State at the Ministry of Foreign Affairs, Saeed bin Mubarak Al Hajeri, during the G20 Summit […]

Aviation

Airlines pull back from Venezuela following US alert

Six international airlines have suspended flights to Venezuela following a United States warning to major carriers about a “potentially hazardous situation” amid “heightened military activity” in the region. The affected airlines, Spain’s Iberia, Portugal’s TAP, Chile’s LATAM, Colombia’s Avianca, Brazil’s GOL, and Trinidad and Tobago’s Caribbean, halted operations on Saturday, according to AFP, citing Marisela […]

Salesforce launches AI assistant for Slack, Tableau
Tech

Salesforce data compromised in hack affecting major firms

Google has confirmed that hackers have stolen Salesforce data from over 200 companies in a major supply chain attack. On Thursday, Salesforce revealed that “certain customers’ Salesforce data” had been compromised, though it did not disclose the affected companies, through apps released by Gainsight, a provider of customer support platforms to businesses. In a statement, […]

Trump freezes $2bn in Harvard funding over antisemitism measures
News

Harvard database breached in targeted phishing attack

A Harvard University database holding sensitive information on alumni, donors, students, and faculty was accessed by an “unauthorized party” after a targeted phone-phishing attack. It is the second time this year an Ivy League institution has opened a data-breach investigation, underscoring the rising wave of cyberattacks on top U.S. universities, according to Bloomberg. The breach […]

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